Cost of Living in Iceland vs Turkey comparison

$3,224

Iceland

Explore Iceland, a captivating country with a population of 364,260. Embrace a comfortable lifestyle with an average cost of living at $3224 and a median after-tax salary of $3030.17. Enjoy dining at diverse restaurants for $150, shop for essentials at bustling markets with an average of $114, and entrust your childcare needs to facilities costing approximately $5310annually. Keep your wardrobe fresh with a clothing budget of $468and secure a lovely home for $5842per month. Iceland also offers an attractive average salary of $3030.17. Immerse yourself in the beauty of Iceland, where rich culture meets affordability.

$885

Turkey

Discover Turkey, a captivating country with a population of 84,680,273. Experience a comfortable way of life, where the average cost of living stands at $885, and the median after-tax salary amounts to $312.87. Savor the culinary delights of Turkey at various restaurants for an average of $29, explore bustling markets with essentials priced at around $36, and entrust your childcare needs to facilities costing approximately $3996annually. Keep your wardrobe stylish with a clothing budget of ${cloth_two}, and secure a beautiful home for $1132per month. Turkey also boasts an appealing average salary of $312.87. Immerse yourself in the beauty of Turkey, where affordability and cultural richness converge.

restaurant
$ 150
Restaurants
restaurant
$ 29
Restaurants
store
$ 114
Markets
store
$ 36
Markets
child_friendly
$ 5,310
Childcare
child_friendly
$ 3,996
Childcare
checkroom
$ 468
Clothing
checkroom
$ 163
Clothing
night_shelter
$ 5,842
Rent Per Month
night_shelter
$ 1,132
Rent Per Month
account_balance_wallet
$ 3,030
Salaries
account_balance_wallet
$ 312
Salaries
Iceland VS Turkey
restaurant

Restaurants

Iceland

Turkey

Difference

Meal, Inexpensive Restaurant

17.12 $ 3.25 $ 426 %

Meal for 2 People, Mid-range Restaurant, Three-course

95.86 $ 16.23 $ 490 %

McMeal at McDonalds (or Equivalent Combo Meal)

13.69 $ 3.25 $ 321 %

Domestic Beer (1 pint draught)

8.22 $ 1.89 $ 334 %

Imported Beer (12 oz small bottle)

7.19 $ 2.43 $ 195 %

Cappuccino (regular)

4.17 $ 1.46 $ 185 %

Coke/Pepsi (12 oz small bottle)

2.36 $ 0.59 $ 300 %

Water (12 oz small bottle)

1.85 $ 0.21 $ 780 %
store

Markets

Iceland

Turkey

Difference

Milk (regular), (1 gallon)

1.34 $ 0.78 $ 71 %

Loaf of Fresh White Bread (1 lb)

3.02 $ 0.4 $ 655 %

Rice (white), (1 lb)

2.77 $ 1.19 $ 132 %

Eggs (regular) (12)

5.06 $ 1.32 $ 283 %

Local Cheese (1 lb)

12.49 $ 4.73 $ 164 %

Chicken Fillets (1 lb)

15.37 $ 3.68 $ 317 %

Beef Round (1 lb) (or Equivalent Back Leg Red Meat)

22.77 $ 8.09 $ 181 %

Apples (1 lb)

2.76 $ 0.67 $ 311 %

Banana (1 lb)

2.07 $ 1.23 $ 68 %

Oranges (1 lb)

2.24 $ 0.65 $ 244 %

Tomato (1 lb)

4.0 $ 0.88 $ 354 %

Potato (1 lb)

2.33 $ 0.49 $ 375 %

Onion (1 lb)

1.26 $ 0.36 $ 250 %

Lettuce (1 head)

2.36 $ 0.62 $ 280 %

Water (1.5 liter bottle)

1.71 $ 0.26 $ 557 %

Bottle of Wine (Mid-Range)

17.12 $ 6.49 $ 163 %

Domestic Beer (0.5 liter bottle)

2.87 $ 1.47 $ 95 %

Imported Beer (12 oz small bottle)

2.5 $ 1.95 $ 28 %

Cigarettes 20 Pack (Marlboro)

10.54 $ 1.6 $ 558 %
commute

Transportation

Iceland

Turkey

Difference

One-way Ticket (Local Transport)

3.36 $ 0.38 $ 784 %

Monthly Pass (Regular Price)

54.78 $ 24.34 $ 125 %

Taxi Start (Normal Tariff)

5.07 $ 0.54 $ 838 %

Taxi 1 mile (Normal Tariff)

2.4 $ 0.41 $ 485 %

Taxi 1hour Waiting (Normal Tariff)

54.23 $ 3.25 $ 1568 %

Gasoline (1 gallon)

2.02 $ 1.29 $ 56 %

Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)

28757.27 $ 35157.55 $ -18 %

Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)

32047.42 $ 29121.26 $ 10 %
mark_as_unread

Utilities (Monthly)

Iceland

Turkey

Difference

Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment

106.62 $ 59.95 $ 77 %

1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans)

0.15 $ 0.08 $ 87 %

Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)

64.03 $ 8.14 $ 686 %
kitesurfing

Sports And Leisure

Iceland

Turkey

Difference

Fitness Club, Monthly Fee for 1 Adult

58.92 $ 17.66 $ 233 %

Tennis Court Rent (1 Hour on Weekend)

31.67 $ 11.73 $ 169 %

Cinema, International Release, 1 Seat

11.64 $ 2.7 $ 331 %
child_friendly

Childcare

Iceland

Turkey

Difference

Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child

262.47 $ 171.66 $ 52 %

International Primary School, Yearly for 1 Child

5048.5 $ 3824.97 $ 31 %
checkroom

Clothing And Shoes

Iceland

Turkey

Difference

1 Pair of Jeans (Levis 501 Or Similar)

107.87 $ 33.05 $ 226 %

1 Summer Dress in a Chain Store (Zara, H&M, ...)

50.21 $ 25.51 $ 96 %

1 Pair of Nike Running Shoes (Mid-Range)

139.95 $ 60.85 $ 129 %

1 Pair of Men Leather Business Shoes

170.67 $ 43.91 $ 288 %
night_shelter

Rent Per Month

Iceland

Turkey

Difference

Apartment (1 bedroom) in City Centre

1307.6 $ 246.9 $ 429 %

Apartment (1 bedroom) Outside of Centre

1057.94 $ 153.49 $ 589 %

Apartment (3 bedrooms) in City Centre

1854.8 $ 446.98 $ 314 %

Apartment (3 bedrooms) Outside of Centre

1622.55 $ 285.05 $ 469 %
home

Buy Apartment Price

Iceland

Turkey

Difference

Price per Square Feet to Buy Apartment in City Centre

4884.47 $ 927.31 $ 426 %

Price per Square Feet to Buy Apartment Outside of Centre

3742.8 $ 579.21 $ 546 %
account_balance_wallet

Salaries And Financing

Iceland

Turkey

Difference

Average Monthly Net Salary (After Tax)

3030.17 $ 312.87 $ 868 %

Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate

5.55 % 20.25 % -72 %